This property looks like a bad Mid-Term investment with a projected -0.75% first-year return on $108k initial cash invested.
-0.75%
Cash On Cash
6.84%
Cap Rate
1.05
DSCR
$4,347
Rent
-$68
Cashflow
Cash Flow
$4,347 income − $4,415 expenses = $68 out of pocket
Investment Breakdown
|
Purchase Price
$431k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$86,160
Closing costs
1%
$4,308
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,347
Total Expenses
$4,415
Mortgage P&I
54%
$2,351
Property Taxes
10%
$434
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478